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Are you still holding this stock EPTI? Like to have a chat if so
No, why would you even want it, this thing was an epic disaster...??
are you still holding the bag on this if so how many shares
Really? That's interesting!
I received both and never met anyone directly unless it was an alias which I wondered but couldn’t prove. Morrie gave up the College Admissions scam in exchange for reduction in jail time.
I never owned the stock, so this is the first I've heard of it. But it's interesting, because Ledvina didn't get much of a fine, and only a little jail time.
I wonder there's more going on than meets the eye.
Anybody else get a victim witness letter from the US justice department? Or notice from the Federal Bureau of Prisons? Wow lol.
"As a result of this conviction, Ledvina was sentenced to two and a half years of supervised probation and ordered to pay a fine of $50,000."
What a joke of a sentence! No wonder all this fraud keeps happening in the OTC.
Just wanted to post that there is a new board for Specialty Liquid Transport (TSXV:SLT). Since EPTI is a major shareholder of SLT, I thought I would pass it along to anyone who is interested.
Specialty Liquid Transport Ihub Discussion Board
Specialty Liquid recently announced a new, vertical integration strategy with regards to the use of Flexitank technology, with a focus on the global bitumen market.
Hi, Can you elaborate? What is ctdt and how will that create any momentum for this asset?
Hi, Can you elaborate? What is ctdt and how will that create any momentum for this asset?
Hey Guys! Talk on the Street is that this Market Asset is going for Number One (1) Top Search Engine Rankings This Week for C T D T as well a TOP Ranking News Letter is also approaching the forefront so look ahead and assess the information before your left deficient in your ventures.
Stop wondering check this out if you want to make $
https://m.facebook.com/vicbosslv/
Yes these OTC scams run deep into share selling conspiracies. Eric T Landis of Ridgeview Capital also charged for internet blogging and illegal trading of pump and dumps of 97 companies including EPTI.
SEC Charges Four in Fraudulent Microcap Manipulation Scheme Orchestrated Through International Accounts
SEC Complaint
https://www.sec.gov/litigation/complaints/2018/comp24361.pdf
Litigation Release No. 24361 / November 28, 2018
Securities and Exchange Commission v. Morrie Tobin et al., Civil Action No. 1:18-CV-12451 (D. Mass. filed November 27, 2018)
The Securities and Exchange Commission charged four individuals for their roles in a scheme to profit from the manipulation and illegal sale of stock of two publicly traded companies, Environmental Packaging Technologies Holdings, Inc. and CURE Pharmaceutical Holding Corp.
According to the SEC's complaint, Morrie Tobin, a California resident, worked with co-defendants Milan Patel, Matthew Ledvina, and Daniel Lacher to facilitate Tobin's scheme. Patel and Ledvina, attorneys at an international tax law firm, and Lacher, a resident of Switzerland, allegedly hid Tobin's ownership and control over the companies by using offshore entitites to hold his stock and by establishing accounts to sell that stock at Wintercap SA, a Swiss-based company run by U.K. citizen Roger Knox. On October 2, 2018, the SEC filed an emergency action and obtained an asset freeze against Knox and Wintercap, charging them with a scheme that generated more than $165 million of illegal sales of stock in at least 50 microcap companies.
The SEC's complaint charges that to maximize profits from the alleged scheme, the defendants arranged to pay a stock promoter to tout the stock of Environmental Packaging while creating the impression that the recommendation came from a neutral third party. Environmental Packaging shares more than doubled, from approximately $1.05 per share to $2.21 per share, during the promotional campaign. Patel, Ledvina, and Lacher allegedly planned to collect a percentage of the proceeds from the unlawful sales.
According to the complaint, after the SEC halted trading in the securities of Environmental Packaging on June 27, 2017, the defendants took steps to obstruct the SEC's investigation - and conceal their own involvement in the matter - by arranging to change the names listed on Wintercap account records.
The SEC's complaint, filed in the U.S. District Court in the District of Massachusetts, charges Tobin, Patel, Ledvina, and Lacher with violating various federal securities laws, including the antifraud provisions of Sections 17(a)(1) and (3) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5(a) and (c) thereunder, and the securities registration provisions of Sections 5(a) and (c) of the Securities Act. The SEC seeks a permanent injunction against future violations, disgorgement of allegedly ill-gotten gains plus prejudgment interest, penny stock bars, and monetary penalties.
The SEC's case is being handled by J. Lauchlan Wash, Trevor Donelan, Eric Forni, David Scheffler, Rebecca Israel, Jonathan Allen, Kathleen Shields, and Amy Gwiazda of the SEC's Boston Regional Office, in coordination with the Enforcement Division's Microcap Fraud Task Force. The SEC appreciates the assistance of the FBI and the U.S. Attorney's Office for the District of Massachusetts, the Financial Industry Regulatory Authority (FINRA), the British Columbia Securities Commission, the Ontario Securities Commission, and the Malta Financial Services Authority.
https://www.sec.gov/litigation/litreleases/2018/lr24361.htm
Quite the read here, just goes to show you, as a public investor you can do all the DD in the World, but you can NEVER REALLY KNOW whats going on behind the scenes.
I got duped in a couple of "Rocket" Rogers scams (EPTI and NEWG) but so did a whole hell of a lot of people, intelligent folks too, doctors, lawyers, CEO's, etc, etc.
https://drive.google.com/file/d/1zSfJqydqMzrnUMtQlA9gq8HaaqtIH-vg/view
Here is the webinar for anyone interested, there is a mention of US investors getting non-tradable Class B shares of BLUE.P, I assume those are the EPTI but I'm not sure. There was really no talk at all about EPTI or the fact that they have a US listing already.
It's unfortunate that EPTI was a bust because the company is quite interesting IMO.
Specialty Liquid Transportation - Webinar Tomorrow
https://smallcappower.com/top-stories/specialty-liquid-transportation/
I know virtually nothing about the Toronto Stock Exchange, however, if I'm understanding correctly, Blue Bay Capital Inc is essentially a shell company, they will merge with and become Specialty Liquid Transportation Corp, who in turn will acquire EPT.
So EPT will trade again as Specialty Liquid Transportation Corp(BLUE.P) on the TSX, I think I got that part but what about EPTI investors?? Getting shares of BLUE.P in exchange for EPTI shares isn't going to do them any good, since most US brokers don't allow international trading.
Best case scenario, since a buy out won't really work for most US investors, given the high price most paid for their EPTI shares, would be a dual TSX and OTC exchange listing, but that could take some time and FINRA approval.
Be interesting to see what happens, realistically it's prob not going to turn out well for EPTI shareholders, hard to say at this point.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:BLUE-2591127&symbol=BLUE®ion=C
Ok, very interesting, but what does it mean for EPTI shareholders, they get a buy out.....or maybe shares of BLUE.P which does a Toronto Stock Exchange and US OTC, dual exchange listing....or maybe SLTC does their own US OTC listing....??? I'm intrigued but confused....lol.
Doesn't look like it, they just filed (2) Q's to bring their SEC reporting status back current.
I'm still following, though not as closely as I use too. Just watching to see if they can get back listed on the Pink or QB Market one of these days, don't know if they are even trying, but given that folks are still buying this makes me think they are.
Anyone actually still following this? Pretty large blocks traded yesterday for being on the grey market.
Time to accumulate finally!
Yes I totally agree
It's pretty simple really, it's the Grey Sheets that's holding it back, if this was still on the Pink or OTCQB Market it would be doing quite well I'd imagine.
After all the food in packaging why have this company not gone anywhere??
First filing in 5 months, an amendment to the Super 8K filed back in June, was wondering if they were ever going to file again, perhaps that's a good sign.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12361456
This stock is on a crazy ride, just a minute ago you could get it for less then 0.002 and then it went up to 70c.
The stock movement on so little trading is bothersome. I knew it would be the case but it held up at the beginning and was hoping it would in the future. We really need management to reassure us that everything is ok and without it I'm losing faith.
I don't follow this company, or know anything about it's history, however, if would have been nice if EPT would have issued a letter like this after their suspension.
http://www.otcmarkets.com/stock/BITCF/news/First-Bitcoin-Capital-Issues-Letter-to-Shareholders--Comments-on-Temporary-SEC-Suspension?id=168157
It's possible that EPT could have continued to trade, at least somewhat normally on the Grey market, if they had. Liquidity is always going to be an issue, however, some communication could have went a long way in soothing investors concerns and confidence in the company. Especially with mainstream brokers, like TDA, are still allowing buys and sells of EPTI.
Management was certainly very communicative during the awareness campaign period.
Thanks for the info, keep us updated if you hear anything new.
Wrote our good friend Bud an email.
I just hung up with CEO - David S. and expressed the sentiment of the many shareholders I've been speaking with. He said there will be an update on the business once Q2 is filed which is very soon. After the Q is published further updates will be provided.
Well, personally I'm a little disappointed that the company didn't bother to update shareholders on the issue. I think at the very least they could have said that the business itself was continuing as usual, and that they were going to continue filing and complying with the SEC, in order to get back to trading on the Pink or OTCQB.
As far as the volume goes, I suppose I was expecting it to taper off as time went on, most Grey sheets stocks are pretty illiquid. The pps has definitely held up pretty well, especially considering the limited volume and lack of communication but it's hard to say how long it will last.
An update certainly couldn't hurt.
I'm not totally surprised by the price movement and its held up pretty strong until this week but the trading of the stock has just dried up. What are people's thoughts now that we are 1 month removed from suspension basically?
Look at this one RE_TC, classic, mystery Chinese RM pump and dump boiler room scam, so blatantly obvious that Helen Keller could have spotted it, didn't even wait until the f/s 'D' was off the ticker before starting the pump. Investors got absolutely decimated there and yet it NEVER got a CE from OTC Markets or suspended by the SEC.....despite OTC Markets getting a very early heads up of the promotion from a couple investors that I know of for sure.
And the EP_TI promotion gets a CE in 2 days and suspended in 2 weeks, a US based company that is 100% real and easily verifiable and who's pps is still holding up weeks post suspension.....really..?? You can't tell me that there isn't something seriously flawed and/or crooked with this whole suspension system.
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EPT believes it has developed-the an efficient and economical way to safely transport bulk, non-hazardous liquids, offering products that provide innovative solutions to meet growing global demand. It has created a patented transportation system that consists of a two-ply plastic tube encased in a woven material that can be filled with up to 6,340 gallons of liquid. EPT primarily has two separate products – the Big Red Flexitank and its newest product Liquiride, launched in 2016. EPT’s products have been used to ship hundreds of different products from bio diesel, wine, juice, milk, high-fructose corn syrup, and even liquid latex.
We are committed to providing our customers with the most state-of-the-art packaging solutions available in the market. Our products are engineered and tested to surpass the highest standards and requirements in the industry. BIG Red Flexitank® • BIG Red Wine-Pac™ • BIG Red LIQUIRIDE™ Our goal at EPT is to provide safe and quality products that help our customers reduce shipping costs and increase efficiencies.
The Big Red Flexitank is a large single bag that fits within a 20’ shipping container and is secured by bulkheads. It has certifications for shipping on most of the world’s railways, roads and ships – a very difficult and time consuming process. EPT believes that it has the premiere product as it has a long history of the fewest leaks within the industry, with substantially less than 0.1% of all tanks developing a problem. In 2015, EPT sold approximately 20,000 Flexitanks and generated $16.5 million in revenues from those sales.
The newest product, Liquiride, is believed by EPT to be the only liquid shipping product that works for use with standard 40’ and 53’ shipping containers. A unique feature of Liquiride is the capability to have multiple flexitanks filled with different liquids within a single shipping container. EPT also believes that it is also the only product in which temperature control can be guaranteed as it can be shipped within a refrigerated (“reefer”) container. Liquiride has recently received certifications from the US and Canadian rail and highway authorities.
EPT has recently reached a five year contractual agreement with one of the world’s largest shipping companies for the exclusive use of Liquiride within this company’s ocean-going reefer containers. EPT believe that this relationship will significantly increase revenues over the next several years.
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